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The high-end tablet market has been largely ignored over the past few months, with a slew of low-cost, but impressive Android 4.0 tablets hitting the stores. While there are a lot of such budget-friendly options, there is obviously something far more attractive about those quad-cored, high-resolution tablets, regardless of the much higher price point.

ASUS has been slowly circling the high-end tablet market with the release of the Transformer Prime last year, which is slated to be followed by the ASUS Transformer Pad Infinity. The flagship device, first spotted at CES 2012 as the ASUS Eee Pad Transformer Prime TF700T, boasts an amazing set of specifications including:

10.1″ multi-touch Super IPS+ display

1920×1200 resolution

1.6Ghz quad-core Nvidia Tegra 3 processor (WiFi only)

16/32/64GB internal storage, expandable via microSD

25Whr (~6757 mAH) battery

8MP rear camera, 2MP front camera

The good news that we bring today is that, according to a report from Engadget, the WiFi edition of the Transformer Pad Infinity has just received FCC approval, which usually indicates that a release is soon to follow. Granted, the 4G LTE version, expected to feature a 1.5 Ghz Qualcomm dual-core Snapdragon S4 processor, was nowhere to be seen, but that is likely to arrive soon as well.

With the device expected to show up in Europe on July 10, the FCC-approval is just in time for a similar release date in the US . On the down side, the Transformer Pad Infinity comes with the hefty price tag of approximately $780 in Europe, and will likely feature a similar price in the US.

What are your thoughts? Will you be picking up the ASUS Transformer Pad Infinity when it is released? Would you rather own the WiFi only quad-core tablet or wait for the dual-core 3G/4G LTE version? Let us know in the comments section below.